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Landlords of NYC affordable housing launch new venture to combat spiking insurance costs

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Outside of the 1520 Sedgwick Ave, the Bronx building known as the birthplace of hip-hop, as residents walk in and out.

Participants of the insurance collective include the Workforce Housing Group, an organization which runs about 2,000 apartments.

Members of the new collective say getting insurance costs under control will allow them to spend more on repairs and maintenance for tenants. [ more › ]


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